Everton house owners The Friedkin Group (TFG) are exploring the potential sale of a controlling stake within the membership, lower than two years after finishing their takeover in 2024.
The American group, led by chairman Dan Friedkin, acquired the Premier League membership in a deal believed to be value greater than £400 million.
In a press release, TFG mentioned it had prioritised monetary stability, funding and the opening of Everton’s new stadium final 12 months, including that the time was proper “to consider the next chapter”.
“The Friedkin Group is exploring new investment options for Everton Football Club, including the potential sale of a controlling interest,” TFG mentioned.
“When TFG turned custodians of Everton, the membership confronted vital monetary uncertainty and challenges each on and off the pitch. The rapid precedence was to supply the soundness, funding and assist wanted to safe the membership’s future, together with serving to to deliver the long-promised stadium to completion for its deserving supporters.
“With that foundation now safely in place, the time is right to consider the next chapter for Everton.”
TFG had outlined a imaginative and prescient for a “sustainable and successful” future for Everton when it took over, however its management got here beneath scrutiny throughout the summer season switch window.
In September, supervisor David Moyes mentioned he had by no means met or spoken to Friedkin since returning to the membership in January 2025.
Friedkin, who is predicated in Houston, leaves the day-to-day working of Everton to his son-in-law, Rishi Majithia, who works alongside chief government Angus Kinnear.
The house owners additionally confronted criticism from supporters over switch selections throughout the summer season.
Fans reacted angrily after Everton accepted a £40 million bid from Nottingham Forest for England Under-19 midfielder Harrison Armstrong, one of many membership’s prized younger gamers.
Everton ultimately withdrew from the deal, however supporters remained pissed off by the following sale of striker Beto to Fiorentina.
The departure left the Toffees with only one recognised striker, 23-year-old French ahead Thierno Barry.
TFG mentioned it will solely think about provides from events it believed may present the proper management for the membership’s future.
“Throughout this process, TFG’s focus will remain unchanged. We will support the club in all ways necessary to achieve success on the pitch and will continue efforts to make a positive difference in the communities the club serves,” the assertion continued.
Faridah Abdulkadiri
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